Draganfly reports record Q2 revenue of C$2.7m
Draganfly reported second-quarter revenue of C$2.664 million, a 26.0% year-over-year increase, as product sales strengthened.
Evidence notes
- Product revenue increased 34.6% year over year to C$2.560 million.
- Cash and cash equivalents stood at C$131.9 million at quarter end.
- The quarterly net loss widened to C$12.0 million.
Company context
Draganfly develops UAV systems, drone services, sensors, software, and custom unmanned-system solutions for public safety, defence, industrial inspection, mapping, agriculture, humanitarian response, and enterprise use. One of the older commercial drone manufacturers with roots in early multirotor systems.